M&A
confidence high
sentiment neutral
materiality 0.85
Change in control: 77% of Wikisoft common stock acquired by Ilustrato Pictures for $500K; new officers appointed
Quality Industrial Corp.
- Ilustrato Pictures International Inc. acquired 77,669,078 shares (77%) for $500,000 from Modern Art Foundation, Rene Lauritsen, and Fastbase Holding.
- Nicolas Link (CEO of Ilustrato) appointed as Chairman; former Chairman Quintal resigned without disagreement.
- Louise Bennett appointed COO, Krishnan Krishnamoorthy appointed CFO, John-Paul Backwell appointed CCO.
- All new officers are current or recent executives of Ilustrato Pictures or its affiliates; no formal compensation agreements yet.